OREANDA-NEWS. Starting from November 7, 2007 the Bank of Moscow will raise its Prestige deposit rates.

Changes in the terms of attraction of money to the Prestige deposit depend on the term and the currency of the deposit.

The Bank of Moscow has raised the Prestige deposit rates: - for a term from271 days to 366 days - the increase in roubles was 0,4%, while in dollars it was 0,2%. - for a term from 367 to 550 days - the increase in roubles was 0,7%, in dollars - 0,4%.

Furthermore, the minimum initial installment amount for the deposit payment has been raised from 250,000 Rbs to 400,000 Rbs (from 9,000 to 15,000 USD/Euro respectively).

-Today we announce a rise in the deposit rates for one of the most popular time deposits offered by the Bank of Moscow with the purpose of maintaining the competitiveness of our range of deposits as well as for attracting new clients who will be interested in having a stable financial income at a reliable bank, - says the Head of the Depositary and Loan products of the Bank of Moscow Аlbert Andrianov.

It should be noted than over the first 9 months of 2007 the deposit amount for the category of individuals, taking into account the deposits kept on plastic cards, averaged 110,7 billion Rbs.

The Bank of Moscow offers its clients a range of term deposits differentiated according to time of deposit and returns. In addition to this, the depositors of the Bank will be able to use the service package 'Udobniy' which provides for issuing of credit cards with a credit limit equivalent to the primary installment amount to special categories of clients.